What Is the Difference Between Tax Forms 1040, 1040a, and 1040ez? The IRS tax return form 1040 is a detailed IRS document that allows taxpayers to claim many deductions and credits. Other types of 1040 return are shorter and more manageable. Why should you complete a 1040 instead of a 1040-EZ? Because you could be …

The 2018 Tax Changes That Everybody’s Talking About – A Comprehensive Guide to Deductions and Credits Heard the news didn’t you? Your tax refund for the 2018 tax year is going to be significantly smaller. Why? It’s simpy because the changes in the 2017 Tax Cuts and Jobs Act are now taking effect. You probably feel uncertain about what …

We break down the W2 form – why and how to file it. Everything you would need to know in this easy guide at Locus Tax. Read more to learn all about it. Read on for the complete guide. Our guide will help explain to you what the W2 form is and how to help …

Wondering How Long to Keep Your Tax Records? | Here’s the Answer Despite the digital revolution, it’s still important to hang on to hard copy tax documents for your own records. Even though computers and the cloud allow you tremendous savings on time, costs and space, avoid stress by devoting a certain amount of physical …

Not knowing your Uber driver tax deductions can make you lose thousands of dollars this tax season. Are you deducting ALL the mileage you are allowed to write off? Do you know that you can write off your car wash or the new phone charger you bought last week? Don’t make the mistake of not …